Buying Real Estate in Costa Rica for Baby Boomers

If you're looking for a wise investment, you might consider Costa Rica real estate. Costa Rica is an enormously popular vacation destination, and gains popularity each year. Costa Rica real estate investments can provide income for many years, and provide a second home for your own vacations.

Each year, more than 750,000 people vacation in Costa Rica, making investing in Costa Rica vacation rentals a very profitable business. Check the Costa Rica real estate listings and you'll find that purchasing a home on this lovely country is far less expensive than in many resort areas of the world. Yet, these short term Costa Rica rentals can be leased to vacationers at fees similar to other resort locations, making owning a Costa Rica vacation rental more profitable than in some other areas.

In particular, Costa Rica beach properties are a hot commodity. Over the past 5 years, Costa Rica real estate has average over 10% appreciation per year, and as much as 20% in the last two years. This country boasts some of the loveliest beaches in the world, filled with water sports and other activities for vacationers. You'll pay more to purchase Costa Rica beach front real estate than for other locations on the country, but you'll have fewer weeks each year when your property is vacant, and you'll be able to charge higher rent. With a Costa Rica villa on the beach, you'll be lucky to be able to keep two weeks a year open for your own vacation!

When you're perusing the Costa Rica real estate listings, be sure to take a look at all areas of the country. Both the Pacific and Caribbean sides of the country have lovely beaches. The Northern Region is home to the Arenal volcano, another popular vacation spot, and the very popular vacation and surf spots of Tamarindo and Nosara. The Central Region is home to San Jose, the country's largest city, where you'll find the most theatre and cultural activities. And finally, the South Pacific region, where the breathtaking rain forest mountains meet the ocean. One town in the south Pacific region, the surf town of Domical, is becoming the "Beverly hills of Costa Rica," where Eauropean, American and Candain expats are buing up ocean view lots and houses for vacation homes and permennet residences. So, no whether you want to buy or build a Vacation rental, or build an ocean view home for your residence, Costa Rica has options ranging from planned communities to condos to rain forest villas to beach lots.

When trying to decide just where to make your Costa Rica real estate purchase, consider your own hobbies, since you'll likely be vacationing in Costa Rica often. If you like whitewater rafting and fishing, the Caribbean beach is for you, but if you're more partial to windsurfing, you might find the Northern Region more your style, since Lake Arenal has some of the best windsurfing in the world and Tamarindo/Flamingo areas have some of the best surfing in Costa Rica. The Southern Pacific Region of Costa Rica will give you the most unspoiled beaches and the most dramatic scenery in the country, with its own rainforest areas, the highest mountains and greenest colors in the country.

So, as you can see, you can't pick a bad spot for purchasing real estate in Costa Rica. No matter which Costa Rica real estate listings you explore, you're sure to find a potential rental property that will provide you with great income opportunity as well as the best vacations of your life.